# Trustee Investments Act 1961, Paragraph 4A


In securities issued in the United Kingdom by the government of an overseas territory within the Commonwealth or by any public or local authority within such a territory, being securities registered in the United Kingdom and in respect of which the rate of interest is variable by reference to one or more of the following:—
(a) the Bank of England’s minimum lending rate;
(b) the average rate of discount on allotment on 91-day Treasury Bills;
(c) a yield on 91-day Treasury Bills;
(d) a London sterling inter-bank offered rate;
(e) A London sterling certificate of deposit rate.
References in this paragraph to an overseas territory or to the government of such a territory shall be construed as if they occurred in the Overseas Service Act 1958.

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Source: https://www.legislation.gov.uk/ukpga/Eliz2/9-10/62/schedule/FIRST/part/II/paragraph/4A (the official version)
Page: https://openlegislation.uk/trustee-investments-act-1961/schedule-FIRST/part-II/paragraph-4A
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.